SMU Price Ranges & Indices: Some Slippage Noted

Steel Market Update canvassed flat rolled and plate steel buyers throughout the day today in order to determine if steel prices have changed since our review last week. We found prices softening on most flat rolled products and heard from steel buyers that the mills were willing to discuss pricing on “real” orders.

John Packard is the President and Publisher of Steel Market Update. Since 1977, he has been an active participant in the flat rolled steel business in North America. His background provides the unique flavor and quality of Steel Market Update. John has held positions in the service center, steel mill and trading company segments of the flat rolled steel industry. John founded Steel Market Update, Inc. in August 2008. John can be reached via email at:John@SteelMarketUpdate.comor by phone: 800-432-3475.

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Steel Market Update is an industry leader in providing independent and timely steel industry pricing, steel market analysis, and steel news. SMU’s contributing authors and analysts assess and report on the key market indicators that affect steel buyers and sellers in North America. Steel Market Update is dedicated to providing our customers with accurate steel news, analysis, and perspective on the North American steel market.